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	<title>New answer on: What Is A Nonforfeiture Option In Life Insurance?</title>

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		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-a-nonforfeiture-option-in-life-insurance</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Sat, 20 Jul 2013 20:40:07 +0000</pubDate>

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		<description><![CDATA[A nonforfeiture clause in life insurance will make allowances if the policy lapses or is terminated. These include the option for some or all of the premiums to be returned, the policy to be changed to a paid up policy, or the cash value to be paid to the policy owner.]]></description>

		

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		<title>By: Neil Steinman</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-a-nonforfeiture-option-in-life-insurance</link>

		<dc:creator>Neil Steinman</dc:creator>

		<pubDate>Sun, 14 Jul 2013 15:39:37 +0000</pubDate>

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		<description><![CDATA[A nonforfeiture option basically states that if you stop paying your premium beyond the grace period, you will not lose any equity you might have in the policy. In the old days, before nonforfeiture options, if you stopped paying your premiums, you would lose everything, including your own equity. Fortunately, nonforfeiture options were developed for this reason.]]></description>

		

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